All Forum Posts by: Angel Olivo

@Jennifer Z.

Selling Profit would be 15k so 7.5 each.

Renting it out for 3k a month would be 1500 monthly profit.

So I also don't want it but instead of selling i prefer to rent it out. So should I refinance it and rent it out or sell it flat out?

One of those antique houses built in the 20's. I really want to get into this one because it it right across the street from where I'm currently living and I believe I can fix it up real nicely and make a profit from renting it out. Because its old it will be alot of work. I have legit no experience in real estate but im eager to get in the game. Im 27 I have one house that is slated to be paid of in a little over 8 years at the current rate. ANYONE WITH EXPERIENCE I WILL READ IT ALL . Thanks in advance, yes I can afford both mortgages but is that even wise idk that's why I'm here.